China Chemical Engineering Forms Wholly Owned Jiangsu Subsidiary
China National Chemical Engineering Group Corporation has established China Chemical Yangtze River Delta (Jiangsu) Engineering Technology Company, a wholly owned subsidiary. The new entity's business scope covers construction engineering, engineering design, engineering survey, and building labor subcontracting. No registered capital or investment amount was disclosed.
China National Chemical Engineering Group Corporation has recently established China Chemical Yangtze River Delta (Jiangsu) Engineering Technology Company, which is wholly owned by the group.
Its business scope includes construction engineering, engineering design, engineering survey, and building labor subcontracting.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Industrial Construction, with intensity 20/100 and 60% confidence over a medium term horizon.
Industrial Construction
- Direction
- positive
- Intensity
- 20
- Confidence
- 60%
- Horizon
- Medium term
Public Infrastructure Construction
- Direction
- positive
- Intensity
- 15
- Confidence
- 50%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.